“We have to protect and build our steel and aluminium industries while at the same time showing great flexibility and cooperation toward those that are real friends and treat us fairly on both trade and the military,” Trump tweeted overnight.
The Metal Bulletin 62% iron ore fines price lost 3.7% or US$2.78 overnight to $73.06 per tonne.
The Pilbara Ports Authority reported yesterday that Port Hedland iron ore exports in February totalled 38.5 million tonnes, up 8% on the same time last year.
Dampier throughput dropped by 7% to 13.8Mt.
Among base metals, nickel dropped by 2.4% to $13,213.50/t, about a one-month low.
Lead and copper fell by more than...